The iDEAL online payment product broke records again in 2015. Last year, iDEAL was used more than 222 million times, a year-on-year increase of 23.2 percent (2014: 180.2 million). The total amount paid with iDEAL in 2015 was 18 billion euro. With a growing interest in iDEAL abroad, the Dutch Payments Association expects a further increase of the number of iDEAL transactions in 2016.
A key milestone was reached in November. For the first time, more than 20 million iDEAL payments were made (20.9 million) in a single month. This record was quickly broken again in December, when nearly 23 million payments were made. Compared to December 2015 this is an increase of 23.9%.
Since its market introduction in October 2005 the total number of iDEAL payments reached 917.5 million.
There is growing interest in iDEAL abroad, with e-commerce companies targeting Dutch consumers. As a result Dutch customers can increasingly pay with iDEAL at...